Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador - 2022

Contents:

  1. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador (FOB) - 2022
  2. Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador (CIF) - 2022
  3. Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador
  4. Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador (FOB) - 2022

The average export price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s stood at $8,832 per ton in 2022, surging by 46% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.3% per year.

Price for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador (CIF) - 2022

In 2020, the average import price for fish fillets; fresh or chilled, tilapias (oreochromis spp.)s amounted to $5,531 per ton, which is down by -16.3% against the previous year. Overall, the import price, however, posted significant growth. The pace of growth appeared the most rapid in 2013 when the average import price decreased by -5.5%. Over the period under review, average import prices reached the maximum at $6,999 per ton in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Colombia.

From 2012 to 2020, the rate of growth in terms of prices for Brazil amounted to -5.6% per year.

Exports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador

In 2022, shipments abroad of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s was finally on the rise to reach 773 tons after two years of decline. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s soared to $6.8M in 2022. Overall, exports enjoyed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.53.72.46.824.8%
Peru0.4N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total4.03.82.46.819.3%

Top Export Markets for Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) from Ecuador in 2022:

  1. United States (770.3 tons)
  2. Peru (2.8 tons)

Imports of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador

In 2020, approx. 15 tons of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s were imported into Ecuador; rising by 210% against 2019 figures. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish fillets; fresh or chilled, tilapias (oreochromis spp.)s soared to $86K in 2020. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) in Ecuador (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Colombia0.185.785600.0%
Brazil32.9N/A0%
OthersN/AN/A0%
Total33.085.7159.7%

Top Suppliers of Fish Fillets; Fresh or Chilled, Tilapias (Oreochromis Spp.) to Ecuador in 2022:

  1. Colombia (15.5 tons)

Source: IndexBox Market Intelligence Platform

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